Corgi launches AI insurance product to cover emerging risks
InsurTech firm Corgi has launched a new insurance product designed to protect businesses from financial and legal exposure tied to artificial intelligence systems. The product addresses a growing gap in coverage as traditional insurers struggle to handle AI-specific risks and some have begun excluding them entirely.
The AI Insurance Coverage product integrates into existing technology errors and omissions (Tech E&O) policies rather than requiring companies to purchase standalone coverage. This modular approach lets businesses select specific protection areas based on their actual AI usage patterns.
The coverage includes protection against algorithmic bias, inaccurate outputs, harmful generated content, misuse of training data, adversarial attacks, synthetic media issues, and failures in autonomous systems. The breadth reflects how AI risks now span technical and operational layers across organizations.
Corgi targets technology companies, startups, and enterprises actively deploying AI in production environments. The company designed the product around how businesses actually build and deploy AI systems, rather than imposing a one-size-fits-all structure.
"Businesses are moving fast with AI, but their insurance hasn't kept up," Corgi co-founder and CEO Nico Laqua said. "We built this product for the reality companies are already in, where AI is making decisions, taking actions, and sometimes making mistakes."
The launch reflects ongoing uncertainty across the insurance industry about how to assess and price AI-driven incidents. As regulators continue developing frameworks for AI accountability, specialized coverage products are filling the protection gap that traditional carriers have left open.
For insurance professionals, the product signals a shift toward modular, technology-integrated coverage models. Learn more about AI for Insurance and how emerging technologies are reshaping risk assessment and policy design.
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